All Forum Posts by: Albert Johnson
Albert Johnson has started 30 posts and replied 106 times.
Post: Good tenant starting to struggle to pay rent

- Posts 106
- Votes 22
Quote from @Jules Aton:
I may be in the minority and as a small landlord it is easier but I tend to be flexible with good tenants who have the occasional struggle. I'd ask them if this is a short term thing or if they feel the place is no longer affordable and if no longer affordable let them out of the lease. If this is a one off I'd work with them, get an addendum in writing as to how and when they will catch up. I had one tenant who on a few occasions would pay whatever they could afford for the present month and spread the rest out over the following 3 or 6 months. They always paid as agreed upon. It didn't hurt me financially, I kept a good tenant and felt like I was doing the decent thing as a human being.
Thanks! I like that idea.
Post: Good tenant starting to struggle to pay rent

- Posts 106
- Votes 22
Tenant doesn't have the full rent this month. Not sure when they will have it. I haven't ask yet or accepted the partial.
this tenant has always paid on time. They recently experienced a death in the family and also one their utilities has been very high.
They were behind one month prior but caught up and paid late fees.
How should I approach or handle this?
Post: Anybody with experience selling property to a wholesaler?

- Posts 106
- Votes 22
Quote from @Joe Homs:
@Albert Johnson sounds great, but wholesalers will lock you into a contract with the hope of selling it off to someone else and pocket the difference. They promise you the world and most of the time they cannot deliver. Definitely ask for a POF and make sure that the initial deposit in large, placed into escrow and is non-refundable after their short initial inspection period.
Thanks. That is how the contract reads. For proof of Funds should that be on bank letter head? Or just showing accounts with address, phone numbers and balance?Contract shows POF accounts, balance, address and phone numbers.
They did mention in contract earnest money will be payable to me non refundable.
Post: Anybody with experience selling property to a wholesaler?

- Posts 106
- Votes 22
Quote from @Joe Homs:
@Albert Johnson What is the condition of your home? You should only want to sell your home to a wholesaler if it requires major repairs and you need the money ASAP. You will always get more if you put it on the MLS. Where is the home at?
Good Investing...
It's in good condition. I am getting more than asking price.
Post: Anybody with experience selling property to a wholesaler?

- Posts 106
- Votes 22
I have sold to a wholesaler before. I listed my property for sale by owner. I was contacted by a wholesaler who connected me to an investor. We agreed to a purchase price. I ask for proof of funds. Investor sent over a purchase agreement. It looks like a standardize purchase contract.
what are some of your experiences with this? Did you ever get scammed?
Post: Can I charge tenant for clog drain

- Posts 106
- Votes 22
Quote from @Matthew Kwan:
It's just hard to prove that the tenant caused the issue, since as time passes the drain tends to accumulates as well. However, if it clogs again within 1-2 months then I believe it would be fair to charge the tenant.
Spoke with plumber. The plumber said usually tenants clog the drain with baby wipes and gets this issue all the time. Tenant tries to deny it but he pulls out the wipes and shows it to them pull from the drain.
Post: Can I charge tenant for clog drain

- Posts 106
- Votes 22
Quote from @JD Martin:
The water may be backing up from another fixture that is not draining properly. The only way you're going to know about the cause one way or the other is to have a plumber inspect and troubleshoot. We have a clause in our lease that plumbing clogs not caused by mechanical/material defects in the plumbing will be charged to the tenant, and if your lease doesn't have similar I would recommend such a clause. If a tenant has a clog and calls, we remind them of this clause and then go ahead and call our plumber, who fixes it and reports back. Sometimes it's not the tenant's fault - tree roots, collapsed pipe, old materials from a previous tenant, etc. If it's a gray area, we usually cover the service call the first time. If there's a second call for the same issue we have the line camera'd to verify the line is in good shape and that it is clear going forward, and charge the tenant if the clog was their fault but do not charge if we discover a mechanical defect; we fix the defect.
"Tenant further acknowledges and agrees that they shall be liable for all damages to _______ system due to intentional or negligent acts by the tenant, it's invitees, guest, agents or licensees"
Post: Can I charge tenant for clog drain

- Posts 106
- Votes 22
Quote from @Theresa Harris:
If you've recently had it unclogged and know it was fine when they moved in, yes. But if there is a chance that the previous person could have done something and it just became dislodged and blocked it, no. Go over and see if you can put liquid plumber or something in it to clear it....take a snake and plunger just in case.
Also there was never an issue with the previous tenant.
Post: Can I charge tenant for clog drain

- Posts 106
- Votes 22
Tenant is saying they never used the sink and water is bubbling out of it.
seems like a clog drain. Can I charge the tenant to get it unclogged?
Post: Can a tenant break the lease for health issues?

- Posts 106
- Votes 22
Quote from @Adam Bartomeo:
This is a common tactic used by tenants that just want to move. It has to be handled in the proper way. We have never had a tenant that was able to produce any factual data that supports their concerns. We have a lease break fee that they can execute at any time, so, we guide them towards that.
Everyone likes to talk about suing, but reality says that no one is going to sue anyone. Tenants don't have spare money sitting around, why would you think suing would do anything but cost you money and time? It is better to find a win/win as you cannot force them to stay.
Thanks for thr reply.
we put in our lease they could leave with proper notification of 2 months. If they break it we plan to go to court.